The District of Columbia kicked off 2010 with a healthy uptick in the value of new construction contracts, according to McGraw-Hill Construction, publisher of Mid-Atlantic Construction. A surge in the nonresidential sector helped the region’s overall total for January contracts to improve significantly, compared to the same period of a year ago.
The District’s nonresidential sector totaled more than $89 million in January contracts, or 86% ahead of the $48 million reported a year ago.